A company sells two sizes of microwave ovens: The small size and the large size. The demand functions for the microwave ovens are given by Ps =150-0.5x-0.2y and Pj =250- 0.1x-0.5 y, where ps and piare the prices of the two sizes in dollars, x is the units of the small microwave ovens sold each week, and y is the units of the large microwave ovens sold each week.(a) Determine the total revenue function R(x, y) .Answer:(b) Rx(50, 30)=This number means that, whensmall microwave ovens andlarge microwave ovens are sold per week, if the sales of the small microwave ovensincrease by 1 unit per week, and the sales of the large microwave ovens remain constant atunits per week, then the total revenue--Select--- v by approximately $per week.(c) Ry(50, 30)=This number means that, whensmall microwave ovens andlarge microwave ovens are sold per week, if the sales of the large microwave ovensincrease by 1 unit per week, and the sales of the small microwave ovens remain constant atunits per week, then the total revenue--Select-- v by approximately $per week.

1st we have to find the demand function then put the value of X and Y and fillup the box.

Answered: A company sells two sizes of microwave…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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